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Tue 1 Mar 2005, 16:39 S A RETAIL PROPERTIES LIMITED - DIRECTORS SHARE DE
S A RETAIL PROPERTIES LIMITED - DIRECTORS SHARE DEALINGS                        
S A RETAIL PROPERTIES LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1999/025764/06)                                           
(JSE Code: SRL & ISIN Code: ZAE000034328)                                       
DIRECTORS SHARE DEALINGS                                                        
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
Listings Requirements the following should be noted:                            
1.   Director                 :    Peter Sparks                                 
     Nature of transaction    :    Purchase of units                            
     Nature of interest       :    Direct beneficial                            
Date, price amount       :    As scheduled below                           
     Clearance obtained       :    Yes                                          
Date Purchased      Purchased Price          No. of units                       
28 February 2005    680 cents                50 000                             
1 Marche 2005                                                                   
Date: 01/03/2005 04:25:44 PM        
Produced by the JSE SENS Department
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